Dear Traders,
Wave structure consists of 5 waves marked a-b-c-d-e, structured 3-3-3-3-3. It also precedes the final movement of the trend of one larger degree. The only difference is its shape. Instead of contracting, it is expanding, which means that wave “a” is the smallest and wave “e” the biggest.
In this case we will have the last drop and then a huge long position.
Wave structure consists of 5 waves marked a-b-c-d-e, structured 3-3-3-3-3. It also precedes the final movement of the trend of one larger degree. The only difference is its shape. Instead of contracting, it is expanding, which means that wave “a” is the smallest and wave “e” the biggest.
In this case we will have the last drop and then a huge long position.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.